diff --git a/version.json b/version.json
index 789d9cc3d2..7771fc0d9d 100644
--- a/version.json
+++ b/version.json
@@ -1,6 +1,6 @@
 {
   "$schema": "https://raw.githubusercontent.com/dotnet/Nerdbank.GitVersioning/main/src/NerdBank.GitVersioning/version.schema.json",
-  "version": "12.3.0",
+  "version": "12.4.0-preview.{height}",
   "nuGetPackageVersion": {
     "semVer": 2.0
   },